BlackRock’s Bitcoin ETF shatters decade-long records in just 211 Days

In a stunning display of institutional appetite for crypto, BlackRock's iShares Bitcoin Trust (IBIT) has just accomplished what typically takes years: reaching the elite top 1% of ETFs by assets in just 211 days.

IBIT has soared to US$40 billion in assets, eclipsing every ETF launched in the past decade. 

To put this in perspective, the previous record holder — the iShares Core MSCI Emerging Markets ETF — took nearly six times longer to achieve similar success.

The velocity of growth is particularly noteworthy. IBIT added US$10 billion in assets in just two weeks, and has attracted over US$28 billion in inflows this year alone, securing its position as the fourth-largest US ETF by 2024 inflows. It’s the only crypto product in the top ten, standing shoulder to shoulder with traditional powerhouse funds.

This represents a clear signal that Bitcoin has crossed a critical threshold in mainstream finance. Traditional investors who once viewed crypto with skepticism are now allocating significant capital through familiar, regulated vehicles. 

BlackRock’s success suggests there’s more to this than a mere trend — this could be the beginning of digital assets becoming a permanent fixture in institutional portfolios.

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